Jun 17, 2015 20:57 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Remains capped by 0.7800.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next few months. The next major downside target is...
Jun 17, 2015 20:56 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.12% while the 10yr should open around 3.32%.AU swap yields 1-3 month: The 10yr should continue to rise, following US yields, and targets above...
Jun 17, 2015 20:55 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given the movement in interest rates in key markets overnight, the NZ 2yr should open down 2bp at 3.15% while the 10yr should open unchanged at 4.00%. GDP today poses event...
Fed lift-off still likely in September
Jun 17, 2015 20:52 pm UTC| Commentary
The Fed affirmed its signal that it will be appropriate to lift rates at some this year, but the central bank now expects rates to rise a little slower in 2016 than earlier projected. The median FOMC projection for the...
Updated set of Fed projections suggests some slippage past a September take-off
Jun 17, 2015 19:26 pm UTC| Commentary
The June FOMC statement and projections were in line with our expectations, said Barclays. The committee chose to upgrade its assessment of economic activity, in line with the stronger pace of incoming data, but leave the...
Jun 17, 2015 14:08 pm UTC| Commentary
Western Union notes:The dollar drifted lower with many expecting the Fed to affirm whats at least partially baked into the value of the buck: higher interest rates are coming if the economy can stick to an improving...
Jun 17, 2015 14:08 pm UTC| Commentary
Western Union notes:Oil strengthened above $60 but that was of little support to the loonie in a generally risk-off market with many opting for safety and shelter in havens like the Swissie. The loonie was also biding its...
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